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GrabPay

GrabPay is a digital wallet offered by Grab.  GrabPay simplifies everyday transactions by seamlessly integrating payments into Grab’s ecosystem, allowing users to make cashless payments for Grab services (e.g., rides, food delivery), as well as for online and in-store purchases with other third-party businesses

Method
GrabPay
LPM Market Share
15%
Payments
Yes
Refunds
Yes - full and partial refunds (automated)
Type
E-wallet
Local Card Scheme
Users
100M
Disbursements
No
No
Chargebacks
$25.00
Authorization currency
PHP
Authorization
speed
Instant
Recurring
No
No

Reasons for Popularity

Broad adoption due to convenience and low cost of services, including embedded payments of GrabPay

Embedded in-app services including everyday use cases like transportation, food delivery, and online shopping

Rewards and promotions within the app, e.g. users may earn GrabRewards pointsGrab wallet can be topped up through grab drivers during a ride